TPL TPL Corp Limited

TPL Corp Limited (TPL) valuation

TPL has no positive earnings to compare its share price with, so P/E is not meaningful. The shares are priced at 12.92× book value (sector median 1.85×).

P/E · today: —; FY2025; 5-yr average— Sector median15.7×
P/B · today: 12.92×; FY2025; 5-yr average0.91× Sector median1.85×
EV/EBITDA · today: —; 5-yr average15.3× Sector median9.1×
Dividend yield · today: 0.0%; FY2025; 5-yr average0.0% Payers' median2.2%

Market value Rs 5.5 bn at Rs 20.48. Sector medians use the latest close of 21 Technology & Communication companies; P/E and P/B only where earnings / book value are positive; the yield median covers dividend payers only. Not investment advice.

P/E history P/E at fiscal year-end

Valuation history

At each fiscal year-end price.

TPL valuation history (annual) (Rs bn)
Rs bn	FY2025 Jul 2024 – Jun 2025	FY2024 Jul 2023 – Jun 2024	FY2023 Jul 2022 – Jun 2023	FY2022 Jul 2021 – Jun 2022	FY2021 Jul 2020 – Jun 2021	FY2020 Jul 2019 – Jun 2020	FY2019 Jul 2018 – Jun 2019	FY2018 Jul 2017 – Jun 2018	FY2017 Jul 2016 – Jun 2017	FY2016 Jul 2015 – Jun 2016	FY2015 Jul 2014 – Jun 2015	FY2014 Jul 2013 – Jun 2014	FY2013 Jul 2012 – Jun 2013	FY2012 Jul 2011 – Jun 2012	FY2011 Jul 2010 – Jun 2011	FY2010 Jul 2009 – Jun 2010
Market capitalisation	1.6	1.3	1.6	2.4	5.2	1.4	1.2	1.5	2.1	2.7	3.4	1.8	1.8	—	—	—
Enterprise value	11.1	11.0	16.2	13.8	11.5	11.6	10.8	10.0	9.7	8.2	7.4	2.7	2.5	—	—	—
Share price (period end) Rs	5.88	4.69	6.01	9.12	19.55	5.17	4.88	6.82	9.88	12.57	15.86	8.29	8.23	—	—	—
P/E (diluted)	—	—	—	3.57×	—	—	—	141.05×	108.70×	11.79×	7.62×	13.56×	20.93×	—	—	—
Price to book	3.71×	0.53×	0.44×	0.65×	1.66×	0.52×	0.37×	0.50×	0.73×	1.01×	1.12×	0.71×	0.74×	—	—	—
Price to sales	0.24×	0.26×	0.14×	0.21×	0.97×	0.28×	0.28×	0.42×	0.99×	1.34×	1.58×	0.86×	1.10×	—	—	—
EV / EBITDA	—	—	4.34×	2.55×	—	521.70×	20.24×	22.50×	18.94×	12.85×	22.08×	7.87×	9.45×	—	—	—
EV / Sales	1.71×	2.25×	1.38×	1.18×	2.14×	2.34×	2.50×	2.89×	4.46×	4.03×	3.40×	1.30×	1.53×	—	—	—
Dividend yield (gross)	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	3.7%	2.5%	0.0%	0.0%	0.0%	0.0%	—	—	—
Free cash flow yield	—	(42.2%)	147.7%	181.0%	(42.1%)	(81.0%)	(44.0%)	0.5%	(42.6%)	(38.8%)	(7.0%)	(3.9%)	(1.9%)	—	—	—
PEG ratio	—	—	—	0.01×	—	—	—	(3.01×)	(1.19×)	(0.24×)	0.03×	0.24×	(9.94×)	—	—	—
P/E (diluted, normalised)	—	—	—	3.57×	—	—	—	141.05×	108.70×	11.79×	7.62×	13.56×	20.93×	—	—	—
Price to book — 5-year average	0.91×	0.76×	0.71×	0.73×	0.75×	0.63×	0.75×	0.82×	0.87×	—	—	—	—	—	—	—
EV / EBITDA — 5-year average	15.25×	12.30×	6.95×	9.78×	53.08×	23.41×	18.72×	16.71×	14.56×	—	—	—	—	—	—	—
Dividend yield — 5-year average	0.0%	0.0%	0.0%	0.5%	1.1%	1.3%	1.0%	0.9%	0.5%	—	—	—	—	—	—	—

TPL valuation: frequently asked questions

What is TPL's book value per share?

TPL Corp Limited's book value per share was Rs 1.58 at the end of FY2025. The shares trade at 12.92× book value.

Information only, not investment advice.